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Arm is headed for a $52 billion IPO that’s set to draw tech titans like Apple and Nvidia. Here’s what to know about the biggest US stock debut of the year.

Arm, the Softbank Group-owned chip designer, could see a valuation as high as $52 billion in its initial public offering on Nasdaq, according to an updated filing Tuesday.

Softbank will offer 95.5 million American depository shares, and will target a sale price of $47-$51 per share for about 10% of the total shares outstanding.

The company is looking to raise up to $4.87 billion, but even on the lower range, it’s set to be the biggest US IPO of the year. According to a report from the Wall Street Journal, people close to the deal say they expect strong demand during the run-up to the IPO could push the price higher.